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Financial Deepening and Carbon Emissions Intensity : Evidence from a Global Sample of Countries (English)

Financial deepening contributes to economic development, but its effect on the carbon intensity of production is an open empirical question. If banks finance investments in new, greener technologies, they can contribute to lowering carbon dioxide emissions per unit of output. But if they finance investments in more traditional, carbon-intensive technologies, they can contribute to increasing carbon dioxide emissions per unit of output. This paper...
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  • 2024/10/07

  • Policy Research Working Paper

  • WPS10948

  • 1

  • World,

  • Other,

  • 2024/10/07

  • Disclosed

  • Financial Deepening and Carbon Emissions Intensity : Evidence from a Global Sample of Countries

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Fisera,Boris; Martin Melecky; Dorothe Singer.

Financial Deepening and Carbon Emissions Intensity : Evidence from a Global Sample of Countries (English). Policy Research working paper Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099419410072415057

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